Children’s Special Allowances Act

Marginal note:Calculation of amount

• 8 (1) The amount of special allowance to be paid in respect of a child for each month is one twelfth of the total of

  • (a) the amount expressed in dollars in paragraph (a) of the description of A in subsection 122.61(1) of the Income Tax Act,

  • (b) the amount expressed in dollars in paragraph (a) of the description of F in that subsection, and

  • (c) if an amount may be deducted under section 118.3 of that Act in respect of the child, the amount expressed in dollars in the description of N in subsection 122.61(1) of that Act,

  each such amount being adjusted and rounded in accordance with subsections 122.61(5) and (7) of that Act.

• Marginal note:Rounding of amounts

  (2) In the event that an amount calculated pursuant to subsection (1) contains a fraction of a cent, the amount shall be rounded to the nearest whole cent or, if the result is equidistant from two whole cents, to the higher thereof.